Why Cayman?

With over 40 years of experience in captive formation, operation and regulation, the Cayman Islands has earned its reputation for integrity, innovation and intelligence and continues to modernise and excel as a domicile.

Benefits of Cayman as a captive domicile

In 1979, the Cayman Islands passed its first Insurance Law containing provisions for captive insurance companies.  Since that time, several niche captive insurance/alternative risk transfer markets have been created, including those for healthcare, groups and associations, Segregated Portfolio Companies (SPCs) and Special Purpose Vehicles (SPVs).   There is a wealth of experience and intellect within the domicile - the local service providers and the regulator the Cayman Islands Monetary Authority.

The US Captive Services award for the Offshore Captive Domicile in 2012, 2013 and 2015 went to the Cayman Islands. See http://captivereview.com/news/2015-us-captive-services-awards-winners-announced/ 

Let the numbers speak for themselves.  With over 700 active captive companies established in the Cayman Islands, the market clearly understands why Cayman is a leading domicile:

  • Highly developed professional services industry, including experienced insurance managers, lawyers, bankers and accountants
  • Professional, sound regulatory environment, including appropriate capital requirements, investment restrictions and ability to write third-party business
  • Modern company and captive insurance legislation, including world standard anti-money laundering laws
  • Stable political and economic environment
  • Well developed infrastructure, including communications and air service
  • Tax neutral - absence of income, capital gains or other taxes
  • No exchange controls, can transact business in any major currency
  • Access to the reinsurance markets in major insurance centers

Domicile comparison

The IMAC Domicile Comparison chart provides a useful and informative comparison of many jurisdictions including Cayman, Barbados, Bermuda, and several USA states including Vermont. The tabulation includes such key information as captive business, capitalisation requirements, solvency provisions, registration and incorporation expenses, investment restrictions, tax issues etc.


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...the feedback from peers was positive and some EOI [exchange of information] partners of the Cayman Islands praised its clear and coherent communications during the course of a request as well as the quality of its co-operation and speed in response times.  OECD Peer Review, 26 November 2013
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Healthcare conference goers use Cayman app

The American Society for Healthcare Risk Management’s (ASHRM) annual conference concluded last week. Delegates from around the world gathered to discuss the challenges and issues they face in the management of the healthcare industry and to learn more about...


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